Valuation

OpenAI Raises $11 Billion at a $1.25 Trillion Valuation

OpenAI has raised $11 billion in the first close of a new funding round that values the ChatGPT maker at $1.25 trillion, Bloomberg reported on November 6, citing people familiar with the deal. Reuters confirmed the same figures from its own source. Full story in slides above — Sources: Bloomberg, Reuters, TechCrunch, November 2026.

A modern glass office tower at dusk with glowing windows, illustrating OpenAI's funding round

OpenAI raises $11 billion at $1.25 trillion valuation, short of its $30 billion target

OpenAI has $11 billion in the bank at a $1.25 trillion valuation. Bloomberg reported the deal on Friday, and Reuters confirmed the figures from its own source. Investors wired the money on November 6, according to Bloomberg’s sources, and the first close covers just over half of a round that could reach about $20 billion in the coming weeks. It is a huge number by any measure. It is also a good deal smaller than the round OpenAI set out to raise. ...